✉news WorldEU Politics first seen 2 h ago, last 53 min ago, peak #30
EU Clears SocGen and Vodafone's German Fiber Deal
Original: SocGen, Vodafone Get EU Approval For German Fiber Co. Buy
Societe Generale and Vodafone have received European Union antitrust approval for their acquisition of a German fiber optic company. The clearance from EU competition regulators removes a key regulatory hurdle, allowing the two firms to proceed with their joint purchase and expand high-speed broadband infrastructure in the German telecommunications market.
Why now: EU regulatory approval of a major telecom infrastructure deal is significant news for investors and the European broadband sector.
Societe GeneraleVodafoneEuropean Union
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